Accounts Receivable Factoring for the Oil and Gas Industry

At factoringquotes.com, we make financing in the Oil and Gas Industry very simple. We provide invoice factoring programs and lines of credit that provide cash flow solutions and help your business grow. We understand that your customers in the Oil and Gas Industry typically do not pay invoices quickly. Often it takes 60 days or longer to get paid by the larger oil companies. This puts a lot of cash flow pressure on the smaller guys who perform the service work. Our rates start as low as 1% for our largest customers and top out at 5% for our low volume customers. We also allow you to pick and choose which customers you want to submit for immediate cash.

We can handle a wide range of companies that service the oil and gas business. We work with companies that provide prep excavation work for the oil and gas rigs, firms that transport chemicals, water, and supplies, as well as companies that service and operate the pumps, machines, and rigs. We have programs for small operations, but we can also handle monthly factoring needs in excess of $25 million per month for larger customers. Located in North Dakota? Take a look at the this page dedicated to North Dakota factoring.

Want a quick quote? Please click here to get a great rate.

Questions? Call us at 1 (877) 876 2803 now (toll free).

Click here to get a quick quote.

Take a look at some of reasons oil and gas companies selected us.

• No up-front fees in most cases.
• Advances made within 24 hours.
• Free quick credit checks for your new customers.
• No add-on fees - your factoring fee is your total cost.
• Rates as low as 1%.
• Advances on accounts receivables up to 90%.
• Extensive knowledge and understanding of Oil and Gas industries.
• Start ups and bank turn downs are welcome!

Are delayed payments putting a strain on growth? We can help with a gas and oil industry cash flow program custom tailored for your needs.

How Does the Oil and Gas Industry Funding Process Work?

1. Apply for a quote via our online application or by calling 1 (877) 876-2803.
2. After getting your approval on our terms, we will overnight your final documents.
3. You send your original invoices and bills with any other back up items that your customer may require for billing. We also offer fax and image scanning to reduce paper work in some cases.
4. Before funding occurs, we will perform Due Diligence and confirm your company does not have any liens or legal issues.
5. We verify your invoices and make the advance electronically to your existing checking account. The advance is normally 80% to 90% depending on the credit worthiness of your customers. Your customer then sends the payment directly to us. After receipt of payment, we make the remaining amount in reserve available to you less the factoring fee.

Get Started With Accounts Receivables Funding Now!

Give us a call at 1-877-876-2803, and we can start the process for you. We respond to all online inquires within one hour during business days.

We are currently offering gas and oil industry factoring nationwide, including the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

We also provide this service in Canada: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, and Yukon.

Want a quick quote? Please click here to get a great rate.

Questions? Call us at 1 (877) 876 2803 now (toll free).

The oil and gas industry is rapidly expanding across the country. We are currently working with hundreds of companies that provide services to this industry. We understand that banks can no longer provide solutions to many of these rapidly growing companies and that's why we have cash flow programs exclusively for the oil and gas industries. We welcome the opportunity to take a look at your situation and provide cash flow solutions.